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CVS Health raised its full-year profit forecast after exceeding Wall Street quarterly earnings estimates on Thursday, as ...
Shares of CVS Health jumped in premarket trading Thursday after the healthcare and pharmacy giant reported ...
CVS Health beat Wall Street estimates for second-quarter profit on Thursday, as tight oversight of higher medical costs led ...
CVS (CVS) stock is climbing after the company's second quarter results beat expectations. CVS also raised its full-year ...
CVS Health's pharmacy benefit manager unit must pay the U.S. government $95 million after a federal judge found it overcharged Medicare for prescription drugs.
For example, one of the company’s large Medicare Advantage contracts regained its four-star rating, which will “create an incremental tailwind” in 2025, CVS executives said in August.
The company raised its outlook as many insurers are struggling with elevated medical costs in the second quarter.
CVS Health ’s CVS 1.26% Medicare business continued to struggle in the second quarter, fueling yet another cut to its full-year earnings outlook, a new $2 billion cost-cutting plan and the ...
Barclays upgrades CVS Health to Overweight, citing gains in pharmacy market share and potential upside from CostVantage. CVS is expected to recover 200 basis points in Medicare margins by 2026 ...
Additionally, private Medicare plans typically offer higher reimbursement rates from the federal government than traditional Medicare, and CVS wants to capitalize on this, he said.
CVS is buying a primary care doctor’s network, moving the pharmacy deeper into providing physician services for patients. The company announced Wednesday that it plans to pay $10.6 billion to ...
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